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Banking Sector › Interest Rates › Regulatory Agenda

Orrick, Herrington & Sutcliffe LLP

Fed’s Bowman emphasizes a cautious monetary policy and regulatory reform for community banks

Orrick, Herrington & Sutcliffe LLP on

On February 17, Fed Governor Michelle Bowman delivered prepared remarks, during a conference in Arizona, addressing monetary policy, the economic outlook, and regulatory issues affecting community banks. She discussed the...more

Ballard Spahr LLP

Senators Sanders, Hawley introduce legislation to cap credit card interest rates at 10%

Ballard Spahr LLP on

Sens. Bernie Sanders, I-Vt. and Josh Hawley, R-Mo. have introduced bipartisan legislation that could cap credit card interest rates at 10%....more

Orrick, Herrington & Sutcliffe LLP

Fed Member Bowman discusses challenges to mutual and community banks

Orrick, Herrington & Sutcliffe LLP on

On January 31, Fed Member Michelle Bowman addressed challenges faced by mutual banks and community banks at a New England CEO summit. Bowman provided a brief update on the state of the U.S. economy, including the rate of...more

Mitratech Holdings, Inc

What’s the OCC Banking Regulatory Outlook for 2022?

Mitratech Holdings, Inc on

As the year’s end approaches, the US Office of the Comptroller of the Currency (OCC), a primary US banking regulator, has published its Banking Supervision Operating Plan for 2022. As you might expect, much of the OCC’s...more

Eversheds Sutherland (US) LLP

December 31, 2021, changes to the London Interbank Offered Rate (LIBOR) are coming—will you be ready? 

Eversheds Sutherland (US) LLP on

Dramatic changes are on the horizon for the most widely used benchmarks for interest, investment and derivatives rates: the London Interbank Offered Rate (LIBOR) for various currencies. Notwithstanding efforts by regulators...more

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